Initial Coin offering (ICO) is an approach which is actually a type of crowdfunding that uses cryptocurrency, is a way of raising capital. In 2017 more than 6billion dollar was raised by ICO and this is much higher than between 2015 and 2016. This rising growth of this trend is because of ICO . It can be the source of capital for a startup company. But its current implementation called crowd funding has a number of problems and these problems are constraining factors for the huge amount of projects and investors which can join in a new crypto economy and boost it. To solve all these problems here comes DAOX with all the solutions.
What is DAO?
It is a new investment ecosystem and block-chain based fundraising platform which gives a complete solution for ICOs, crowdfunding also crowd investing with the use of crypto economy and allows a wide use of the concept of decentralized autonomous organization (DAO). The use of this concept makes the dream comes true for this industry. It is the turning point in the history of investment and become a via between ideas and capital. Each and every DAOs are completely independent. They are also independent of the Daox developers. The procedures related to DAOs are stored in the Ethereum block-chain. So the key feature of DAOX is each startup and investors are connected through a separately created DAO on the block-chain.
Features in DAOX:
DAOX comes with some additional features which might simplify the process of creating fundraising campaign and also to improve the overall efficiency for the user and also for the service provider of the Daox ecosystem. Daox Integrated Affiliate Network is one of those additional features that are very much helpful. So let’s see why it's beneficial.
Daox Integrated Affiliate Network: This is the feature which actually solves the problems for the marketing of crowdfunding campaign. When a project launch on the Daox platform, it can join in the Daox Integrated Affiliate Network. #daox, #dxc, #dao, #cryptocurrencies#ico
Working Principle:
When a project of crowd funding launch on the Daox platform, the project inducers can participate in this Integrated Affiliate Network. This network follows the Cost Per Sale (CPS) principal for its operation. The core of the principal is that when a party such as a publisher, advertise a product, he will get a reward from an advertiser like a crowd funding campaign, in this case, the advertisement conducts to a trade. The publishers are given a unique link containing their tracking number for tracking the sales. The links are like- daox.org/the-project/?Rt7X. When a visitor follows the link, he will be bind to a specific publisher by the system. If the visitor supports the campaign and purchases a token of the project then the publishers will get a fixed percentage from it.
Operating Peculiar:
Obviously, it will take more than one session for the visitors to decide whether he purchase tokens or not because it will take a good amount of time to get familiar with the project data.
For this reason, Post Click period is provided which is 90 days for every campaign. In this way, the information of visitors is stored and even if the sale takes place once in a month the publisher will get the reward. There is a common issue when it comes to the affiliate network when there is the same visitor led through different sources by more than one publisher at different times. For this issue, there is a click win rule in the Integrated Affiliate Network, according to which amends goes to the publisher who owns the link that the user followed for the last time.
Campaign Launch:
It takes only 2 steps to launch an advertising campaign in the integrated affiliate network. Those are:
i. Author of the campaign set a payout for each sale.
ii. The authors of the campaign are transferring DXC tokens on a special Ethereum contract that will make payment to the publishers. Payment between the publishers and advertiser can only be made by DXC tokens.
After transferring the funds to the specific contract the advertiser campaign is enlisted in a catalog and become available for all users in the Daox platform. After that any registered user can get his own unique tracking link and start earning rewards, providing advertisement, and sale for the crowd funding campaign. In case all the fund of the deposit are spent, the participation on this Integrated affiliate network will be suspended and publishers will get a corresponding notification.
Integrated Affiliate Network for Publisher:
All member Daox ecosystem can become a publisher in Integrated Affiliate Network. The publishers of this network get access to a catalog that shows them the available offer, current statement, and payment information. Payment is made upon the request and transferred to a specific Ethereum address which is specified in the profile from where the request was sent.
Integrated Affiliate Network’s Commission:
To participate in the Integrated Affiliate Network, 5% of publishers reward is charged a commission fee. The commission is necessary to maintain the support desk and to assure the quality of the service. Their main goal is to improve the experience for both parties. So Integrated Affiliate Network helps the user and the service provider of DAOX ecosystem from both sides. Here marketing objectives are presented in an accessible way. That’s why project founders can focus on the quality of the product and feel confident about the marketing of their campaign. On the other hand, the experts from around the world can promote the projects they like. That’s why promotions of the projects will be of a standard quality.
Conclusion:
Like making this kind of features DAOX is making the crowd funding and crypto economy more popular and simple for general people. This kind of features along with other special features makes Daox smarter than any other fundraising tool in the history of fundraising. It is the smartest fundraising tool ever. It is a revolution of investment sphere. So learn more about it and join in the world of crypto economy.
